Tag: Prices

General budget bears EGP 6bn extra expenses after cutting electricity prices for factories: source

Law allows government to adjust power prices and bear cost difference

Mohamed Farag Mohamed Farag

Egypt’s parliament calls on government to reduce gas prices for factories

Egyptian member of parliament believe fair gas prices for factories is $3.5-4.5…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Egypt prepares to reprice electricity in July

Initial features indicate slight increase in prices, not affecting low-income

Mohamed Farag Mohamed Farag

Finance Ministry downgrades oil prices’ expectations to $64 per barrel

Interest rates to slightly decrease by end of FY2019/20, says report

Ahmed Farahat Ahmed Farahat

Oil prices jump to highest level in more than 3 months, recording $68.66

Brent rise will not affect Egypt, thanks to hedging mechanism: Source

Mohamed Adel Mohamed Adel

Egypt holds prices of petrol, diesel in quarterly reveiw

The committee also decided to keep the diesel price at EGP 6.75…

Daily News Egypt Daily News Egypt

Oil prices fall to $64.19 barrel due to US-China trade war

Brent rate increased by 1.5% on Friday after OPEC’s agreement to further…

Mohamed Adel Mohamed Adel

Oil prices plunged to $59.12 per barrel on the back of increased US stockpiles

Decline in global demand for oil threatens to OPEC's plans to cut…

Mohamed Adel Mohamed Adel

Gas prices continue to decline due to oversupply in world markets

US cuts gas rigs to 144, as production reaches 2.39trn scf

Mohamed Adel Mohamed Adel

Government stabilises fuel prices as hedging contracts defy oil fluctuations

A government source told Daily News Egypt that the government has fixed…

Mohamed Adel Mohamed Adel